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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Comment by Profittakeron Oct 31, 2023 10:49am
163 Views
Post# 35709162

RE:emails

RE:emailsI have been emailing from four different email accounts... There was a response about a week ago basically saying we continue to work with the lab and there is nothing material to report at the moment. I responded with more questions essentially asking why has there been such a delay. I even went further and asked the question if cgx requested the lab to delay things. I wouldn't put this past them. I think they need to be bombarded with emails demanding an update. Not just an update saying there is nothing material to report, but answers as to why this has been such a drastic delay. This company is the biggest joke of all time. Something is very fishy with what is transpiring here
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